diff --git a/Cargo.lock b/Cargo.lock
index 0717bde1750d..668e3a79b553 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -706,7 +706,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "117725a109d387c937a1533ce01b450cbde6b88abceea8473c4d7a85853cda3c"
 dependencies = [
  "lazy_static",
- "windows-sys 0.59.0",
+ "windows-sys 0.48.0",
 ]
 
 [[package]]
@@ -1522,7 +1522,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "33d852cb9b869c2a9b3df2f71a3074817f01e1844f839a144f5fcef059a4eb5d"
 dependencies = [
  "libc",
- "windows-sys 0.59.0",
+ "windows-sys 0.52.0",
 ]
 
 [[package]]
@@ -2389,7 +2389,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "fc2f4eb4bc735547cfed7c0a4922cbd04a4655978c09b54f1f7b228750664c34"
 dependencies = [
  "cfg-if",
- "windows-targets 0.52.6",
+ "windows-targets 0.48.5",
 ]
 
 [[package]]
@@ -5254,7 +5254,7 @@ dependencies = [
  "errno",
  "libc",
  "linux-raw-sys",
- "windows-sys 0.59.0",
+ "windows-sys 0.52.0",
 ]
 
 [[package]]
@@ -5743,7 +5743,7 @@ dependencies = [
  "cfg-if",
  "libc",
  "psm",
- "windows-sys 0.59.0",
+ "windows-sys 0.52.0",
 ]
 
 [[package]]
@@ -5948,9 +5948,9 @@ dependencies = [
 
 [[package]]
 name = "swc_common"
-version = "8.1.0"
+version = "8.1.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7d96ac5d021c7c20acb3073940b4ee59b62989a705f855783c4a452e0737a2e6"
+checksum = "4f8c8e4348383e4154f8d384cdad7e48f5d6d3daef78af376ac4e5ddbbf60c88"
 dependencies = [
  "anyhow",
  "ast_node",
@@ -6033,9 +6033,9 @@ dependencies = [
 
 [[package]]
 name = "swc_core"
-version = "22.4.0"
+version = "22.5.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0ebb37ecf7f5c6c97b2a03ad7fc434d64334f6023affb0d495884e55318bbf94"
+checksum = "a83552c8a51c3bd32258d91799b347ec4cd3af5fa6dfaa61e9e6eb841bfaed0c"
 dependencies = [
  "par-core",
  "swc",
@@ -6086,9 +6086,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_codegen"
-version = "10.0.0"
+version = "10.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b85453d346d0642f296c2b3aa204886a6ae2b9652262c3468d6f4556c1ed020d"
+checksum = "27cc2d631ecea893af463ec23a70d9e2f1489de010618835dfd3c716ec56bd9d"
 dependencies = [
  "ascii",
  "compact_str",
@@ -6330,6 +6330,31 @@ dependencies = [
  "swc_ecma_visit",
 ]
 
+[[package]]
+name = "swc_ecma_lexer"
+version = "11.1.3"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "a0d9ed10e3efa2230d0b3d0ad63c2e67d9b40c3892f31a865ad14d6fa881e0e9"
+dependencies = [
+ "arrayvec",
+ "bitflags 2.6.0",
+ "either",
+ "new_debug_unreachable",
+ "num-bigint",
+ "num-traits",
+ "phf",
+ "rustc-hash 2.1.0",
+ "serde",
+ "smallvec",
+ "smartstring",
+ "stacker",
+ "swc_atoms",
+ "swc_common",
+ "swc_ecma_ast",
+ "tracing",
+ "typed-arena",
+]
+
 [[package]]
 name = "swc_ecma_lints"
 version = "12.1.0"
@@ -6413,9 +6438,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_parser"
-version = "11.1.2"
+version = "11.1.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "aa942372098c7c0e7fd8c584a577378d2f659c934429b8252c4e26fae31d7ea7"
+checksum = "8d9ff9993501422696a575a4c02158aa74501ef52e535f19208e71af913cb876"
 dependencies = [
  "arrayvec",
  "bitflags 2.6.0",
@@ -6432,6 +6457,7 @@ dependencies = [
  "swc_atoms",
  "swc_common",
  "swc_ecma_ast",
+ "swc_ecma_lexer",
  "tracing",
  "typed-arena",
 ]
@@ -6618,9 +6644,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_transforms_optimization"
-version = "12.0.0"
+version = "12.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "6646a0a5e3662a2a86369a42f5203f1c92584c37502f9b79d4d10613db0c1fb3"
+checksum = "2a73505f2f176d0b6b30da360e28d561f904c5737581461b72dde6c27e899795"
 dependencies = [
  "dashmap 5.5.3",
  "indexmap 2.7.1",
@@ -6725,9 +6751,9 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_utils"
-version = "12.0.0"
+version = "12.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "71d6c8ba7d987dcc254f05ad2c23e7a6ec3f259611af2923a8c1a0602556cd21"
+checksum = "a7c499ba586b784be6dfbdd76ebd3cfdbabaf43a5bda162a11fe7dd326670b62"
 dependencies = [
  "indexmap 2.7.1",
  "num_cpus",
@@ -6995,9 +7021,9 @@ dependencies = [
 
 [[package]]
 name = "swc_trace_macro"
-version = "2.0.0"
+version = "2.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4c78717a841565df57f811376a3d19c9156091c55175e12d378f3a522de70cef"
+checksum = "559185db338f1bcb50297aafd4f79c0956c84dc71a66da4cffb57acf9d93fd88"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -7117,7 +7143,7 @@ dependencies = [
  "fastrand",
  "once_cell",
  "rustix",
- "windows-sys 0.59.0",
+ "windows-sys 0.52.0",
 ]
 
 [[package]]
@@ -8431,7 +8457,7 @@ version = "0.1.9"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "cf221c93e13a30d793f7645a0e7762c55d169dbb0a49671918a2319d289b10bb"
 dependencies = [
- "windows-sys 0.59.0",
+ "windows-sys 0.48.0",
 ]
 
 [[package]]
diff --git a/Cargo.toml b/Cargo.toml
index 47262526fab3..638a48e456e7 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -99,7 +99,7 @@ rkyv      = { version = "=0.8.8" }
 # Must be pinned with the same swc versions
 swc                 = { version = "=21.0.0" }
 swc_config          = { version = "=2.0.0" }
-swc_core            = { version = "=22.4.0", default-features = false, features = ["parallel_rayon"] }
+swc_core            = { version = "=22.5.3", default-features = false, features = ["parallel_rayon"] }
 swc_ecma_minifier   = { version = "=16.0.1", default-features = false }
 swc_error_reporters = { version = "=10.0.0" }
 swc_html            = { version = "=16.0.0" }
diff --git a/crates/rspack_tracing/src/chrome.rs b/crates/rspack_tracing/src/chrome.rs
index a5650d1d37cb..70bbac8db2e1 100644
--- a/crates/rspack_tracing/src/chrome.rs
+++ b/crates/rspack_tracing/src/chrome.rs
@@ -38,10 +38,10 @@ struct FilterEvent;
 impl<S> Filter<S> for FilterEvent {
   fn enabled(
     &self,
-    meta: &tracing::Metadata<'_>,
+    _meta: &tracing::Metadata<'_>,
     _cx: &tracing_subscriber::layer::Context<'_, S>,
   ) -> bool {
     // filter out swc related tracing because it's too much noisy for info level now
-    !meta.target().starts_with("swc")
+    true
   }
 }